states. sales are brisk, it is a hot item. but there is a problem or two. our report tonight from nbc's stephanie gosk. >> reporter: unchecked, unbridled joy, the iphone 5 is finally in hand, at least it is for those willing to wait in line. apple is calling it the thinnest, lightest, fastest yet. demand is soaring. >> yeah, i already got a missed call on that thing. >> reporter: in 2007, when the late steve jobs launched the original iphone, a million sold in three months. this latest version may sell ten million in the next ten days. in new york, we noticed a majority of customers waiting in line were chinese, carrying lots of cash. many of these iphones will be re-sold at higher prices in china, where sales are tightly controlled. >> i have a blackberry, an old one, which is a bit like showing up at your kid's homecoming dance and doing the twist. it is what apple has done so well, leaving the competition in the dust. but there is one korean company leaving them in the dust. >> reporter: s